The Evaluation of Commonwealth Bank Elevate Reconciliation Action Plan

Topic 

The Evaluation of Commonwealth Bank Elevate Reconciliation Action Plan

Instructions 

Write an essay on the Evaluation of Commonwealth Bank Elevate Reconciliation Action Plan

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Commonwealth Bank RAP Overview

Commonwealth Bank’s Elevate RAP strives to create financial opportunities for its Aboriginal and Torres Islander community, including staff, customers, and community members by embracing their culture, histories, and rights (Commonwealth Bank, 2019). To ensure the sustainability of the banking business, Commonwealth Bank seeks to ground relationships on trust and long-standing loyalty. The relationship is bolstered through initiatives such as scholarship funding through the Emerging Indigenous Executive Leaders Program at the Australian Graduate School of Management (Commonwealth Bank, 2019). It also maintains a partnership with industry players in the job market to create apprenticeship opportunities to introduce minorities to job opportunities, and transform sustainable job roles. The RAP serves as a guiding framework for Commonwealth Bank’s initiative to champion the empowerment of the minority groups.

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